Noble Financial Estimates ODP’s Q2 Earnings (NASDAQ:ODP)

The ODP Co. (NASDAQ:ODP) – Analysts at Noble Financial issued their Q2 2025 earnings per share estimates for shares of ODP in a note issued to investors on Thursday, November 7th. Noble Financial analyst J. Gomes forecasts that the specialty retailer will post earnings of $0.87 per share for the quarter. The consensus estimate for ODP’s current full-year earnings is $4.29 per share.

ODP (NASDAQ:ODP) last posted its earnings results on Wednesday, August 7th. The specialty retailer reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $1.20 by ($0.64). ODP had a positive return on equity of 15.93% and a negative net margin of 0.34%. The firm had revenue of $1.72 billion for the quarter, compared to the consensus estimate of $1.76 billion. During the same period last year, the company posted $0.99 EPS. The business’s revenue was down 10.0% on a year-over-year basis.

Several other research firms have also recently weighed in on ODP. StockNews.com raised ODP from a “hold” rating to a “buy” rating in a report on Thursday. UBS Group decreased their price target on shares of ODP from $30.00 to $28.00 and set a “neutral” rating on the stock in a report on Thursday.

ODP Trading Up 0.6 %

Shares of ODP stock opened at $27.73 on Friday. ODP has a 52-week low of $23.69 and a 52-week high of $58.98. The business’s fifty day moving average is $29.89 and its 200 day moving average is $35.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.43 and a current ratio of 0.90. The company has a market capitalization of $931.17 million, a PE ratio of -32.62, a price-to-earnings-growth ratio of 0.52 and a beta of 1.48.

Hedge Funds Weigh In On ODP

Several institutional investors and hedge funds have recently made changes to their positions in the business. DME Capital Management LP boosted its position in ODP by 29.9% during the second quarter. DME Capital Management LP now owns 2,222,470 shares of the specialty retailer’s stock valued at $87,276,000 after buying an additional 511,890 shares during the period. Thompson Siegel & Walmsley LLC grew its position in ODP by 106.3% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 330,177 shares of the specialty retailer’s stock worth $12,966,000 after acquiring an additional 170,149 shares during the last quarter. American Century Companies Inc. increased its stake in ODP by 19.6% in the 2nd quarter. American Century Companies Inc. now owns 832,871 shares of the specialty retailer’s stock worth $32,707,000 after purchasing an additional 136,730 shares during the period. Caxton Associates LP bought a new stake in ODP in the second quarter valued at approximately $2,788,000. Finally, Clearline Capital LP boosted its stake in shares of ODP by 108.7% during the second quarter. Clearline Capital LP now owns 124,886 shares of the specialty retailer’s stock valued at $4,904,000 after purchasing an additional 65,033 shares during the period. Institutional investors own 99.56% of the company’s stock.

ODP Company Profile

The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses in the United States, Puerto Rico, and the U.S. Virgin Islands. The company operates through four divisions: ODP Business Solutions, Office Depot, Veyer, and Varis.